DETROIT -- BBi Group of Bloomfield Hills, Mich., has become the latest supplier to file for Chapter 11 bankruptcy protection.
"We're just another casualty in an industry under attack," says CEO Steven Brown.
High raw material prices and product launch costs triggered the filing, Brown says.
Four years ago, Brown acquired a bankrupt sound insulation and interior trim company to create BBi, doubling sales to $120 million last year.
BBI's largest customer is General Motors.
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